Due to the growing energy needs along with increasing concerns towards control of greenhouse gas emissions, most developing countries are under pressure to find alternative methods for energy conversion and policies to make these technologies economically viable. Most of the energy is produced from fossil fuel in India which is not a sustainable source of energy. In this paper Indian power sector has been examined by using MARKAL model for introduction of clean coal and advanced nuclear technologies with implementation of energy conservation potential. The result shows that application of clean technologies gives energy security but not significant reduction in carbon dioxide emissions. When clean technologies apply with energy conservation a huge amount of CO2 can be reduced and also economically viable. Three scenarios including base case scenario have been developed to estimate the resource allocations and CO2 mitigation. The clean technologies with maximum savings potential shows 70% CO2 reduction in the year 2045. (C) 2010 Elsevier Ltd. All rights reserved.